CAclubindia News

Ministry of Finance Introduces Common Landing Portal for Unclaimed Financial Assets

30 May 2026 at 09:18

The Department of Financial Services has launched a Common Landing Portal for Unclaimed Financial Assets, providing a single platform for citizens to search unclaimed bank deposits, insurance claims, shares, dividends, and mutual funds.

Posted in Community & General | 1 comments | 1596 Views

CBDT Clarifies Form 61 Filing Process for Transactions With Notified Jurisdictional Areas Under IT Act, 2025

29 May 2026 at 09:37

CBDT has clarified the rules relating to Form 61 under the Income Tax Act, 2025. Know who must file Form 61, due date, documents required, e-verification process and consequences of non-filing for deduction claims linked to notified jurisdictional areas.

Posted in Income Tax | 1 comments | 4491 Views

Form 52 Mandatory for APA Holders Under Income Tax Act, 2025

29 May 2026 at 09:28

CBDT has introduced Form 52 under the Income-tax Act, 2025 for Advance Pricing Agreement (APA) compliance reporting. Check applicability, filing deadline, mandatory requirements, and major changes from old Form 3CEF.

Posted in Income Tax | 1 comments | 5454 Views

ITR-2 Excel Utility and Online Filing Now Available for AY 2026-27

28 May 2026 at 09:39

Income Tax Department has enabled online filing and Excel Utility for ITR-2 for AY 2026-27 on the e-filing portal. Check eligibility, benefits and filing details.

Posted in Income Tax | 1 comments | 3621 Views

Finance Ministry Permits Selected Financial Firms to Perform Aadhaar Authentication Under PMLA

28 May 2026 at 09:28

Finance Ministry permits Groww Mutual Fund, ICICI Securities, Upstox and three other entities to perform Aadhaar authentication under the Prevention of Money-laundering Act, 2002.

Posted in Community & General | 1 comments | 3363 Views

Finance Ministry Revises March 2026 Notification Under Actuaries Act, 2006

28 May 2026 at 09:21

The Ministry of Finance has issued a fresh notification appointing Ms. Varsha Chandra Sinha as Presiding Officer under the Actuaries Act, 2006. The amendment replaces the earlier entry notified in March 2026.

Posted in Community & General | 1 comments | 228 Views

FM Sitharaman Says Govt Open to Reviewing LTCG and STCG Tax Concerns Raised by Investors

27 May 2026 at 09:41

Finance Minister Nirmala Sitharaman said the government is open to investor feedback on LTCG and STCG taxation. She also addressed rising fuel prices, crude oil concerns, RBI dividend and challenges linked to fuel, fertiliser and forex pressures.

Posted in Income Tax | 1 comments | 5802 Views

Form 12 Under Income Tax Act, 2025 Introduced to Track Eligible R&D Expenditure Claims

27 May 2026 at 09:32

FORM 12 under the Income-tax Act, 2025 is a statutory report for approved in-house R&D facilities. Know its purpose, applicability, expenditure reporting rules, DSIR role and key FAQs.

Posted in Income Tax | 1 comments | 3075 Views

ICAI Opens Observer Empanelment Portal for CA Exams September & November 2026

27 May 2026 at 09:24

ICAI has invited applications from eligible members for empanelment as observers for CA Sept and Nov 2026 examinations. Check eligibility, honorarium, important dates, duties and application process.

Posted in Students | 1 comments | 5790 Views

Income Tax Act, 2025 Introduces Revised Form 103 for Demand Recovery

26 May 2026 at 09:41

Form 103 under the Income-tax Act, 2025 is a notice of demand issued by the Assessing Officer for tax, penalty, or interest payable. Know its purpose, due dates, payment options, appeal details and key changes.

Posted in Income Tax | 1 comments | 3468 Views